EsikeA+++ makes trading possible (Trading made possible with EsikeA+++)

EsikeA+++ makes trading possible

Trading made possible with EsikeA+++ is a very simple, robust, effective and trend following system with confirmations and enhancements to ensure and increase the profitability.

This trading system is a high-performance system that focuses on trend identification and how to join the trend.

3 main components/structure:

1. 5ema - Main chart.

2. Welles WeldersDMI - Window 1.

3. TrendMirror - Window 2.

Entrance:

1. 5ema - Trigger Point: - Main Chart:

- Arrow - 5 ema with a 2 shift.

* Red arrow - short/sell.
* Lime/Green Arrow - Long/Buy.

2. Trend: Price vs. Daily Opening and DPP: - Main Chart:

a.) Price is above the daily open line (white dotted line) and DPP = Buy.
b.) Price is below daily open line (white dotted line) & DPP = SELL.

3. DMI: - Window 1:

i.) Crossroads of DMI.
ii.) ADX must be above one of the DMI's.
iii.) ADXr must be above the 20 level.

DMI color:

1. Red Line: DMI - (Sell).
2. Green line: DMI+ (Buy).
3. Red dotted line: ADX.
4. Yellow line: ADXr.

4. TrendMirror: - Window 2: Level 1 Entry

1. The opening price (1440) color must first be determined and then the ASH changed to match it.

2. The opening price (60) color must first be determined and then the ASH changed to match it.

3. AbsoluteStrengthHisto2 - (ASH).

6. WUKAR News: - Window 3:

i.) Lime Bar : According to the rules, when it's safe.

ii.) Red bar : between 1 hour before the news is released and 30 minutes after the news is released.

iii) Dark gray bar : Over the next 30 minutes, warning you to be careful as the message may still have an impact.

Trading Pairs:

I trade EURUSD, GBP/USD, AUD/USD and USD/JPY, but it works with any currency pair.

schedule:

This trading system works on all timeframes, but I use the M30 TF for trade-offs.

My chart:

I used 5 charts:

i.) Charts with data and news - loaded using EsikeCalender.tpl.
ii.) EURUSD M30.
iii.) GBP/USD M30.
iv.) AUD/USD M30.
v.) USDJPY M30.

Trading hours:

London Open to London Close - (Target/Focus Times: First 3 hours of London open and first 3 hours of New York open).

Trading rules:

1. H1 will not be traded before the red news, and M30 will not be traded after the red news.
2. Do not place a trade when the size of the last candle exceeds twice the ATR of the currency pair for the day.
3. Do not enter trades on the first M15 of a new market opening.
4. Don’t treat every trigger as a trade setup.
5. Maximum of 4 transactions per day (1 transaction per day is enough).
6. Before placing a trade, be sure to check the ABR/ATR status, 10ema dashboard, strength meter, and Ichimoku status.
7. Always follow the pattern of daily opening prices and DPP - price above = buy / price below = sell.
8. Use Fibonacci retracements and do not accept signals above 78.6%.
9. Use PDF and BCC as your guides.

Money/Trade Management:

1. MM =2%.
2. Target price = 40 points.
3. SL = 20pips.
4. BE/lock point = 20 points
5. Daily target = 40 points.
6. Stop trading when you reach your daily target.
7. Stop trading after two consecutive losses.

When not to trade:

1. When ADX is below both DMI lines or ADXr is below the 20 level.

2. When the shadow/shadow of the candle is larger than the body of the candle crossing the 5 EMA.

3. When we see the “Porcupine” candle.

4. When we see support/resistance ahead.

Checklist:

1. 5ema - (trigger) - trigger at most 2 candles and must be with level 1 entry .

2. DMI - ADX and ADXr must be located within the DMI.

3. TrendMirror - Level 1 entry.

4. + Others:

a.) Price vs. Daily Opening Price/DPP.
b.) Strength meter - single/double effect.
c.) 10ema dashboard.
d.) Ichimoku state - Pairwise synchronization.
e.) ABR/ATR status.

Happy trading,
Yumi.

set up: